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Books > Business & Economics > Economics > Econometrics
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Cointegration for the Applied Economist (Paperback, 1994 Ed.)
Loot Price: R1,525
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Cointegration for the Applied Economist (Paperback, 1994 Ed.)
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'This most commendable volume brings together a set of papers which
permits ready access to the means of estimating quantitative
relationships using cointegration and error correction procedures.
Providing the data to show fully the basis for calculation, this
approach is an excellent perception of the needs of senior
undergraduates and graduate students.' - Professor W.P. Hogan, The
University of Sydney Applied economists, with modest econometric
background, are now desperately looking for expository literature
on the unit roots and cointegration techniques. This volume of
expository essays is written for them. It explains in a simple
style various tests for the existence of unit roots and how to
estimate cointegration relationships. Original data are given to
enable easy replications. Limitations of some existing unit root
tests are also discussed.
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